Updates from the Department of Insurance- the “Legal Stuff”

From our families to yours, we hope this finds you safe, well and healthy. Our sincere thoughts go out to all people affected by this pandemic.

Please visit our blog often for update on information to help you.

Here is a link to the dedicated “Coronavirus” information page that is updated by the California Department of Insurance:

Click HERE to access

If there is anything more we can do to help or support you or anyone you know, here’s 4 easy ways to reach us:

Phone: 951-600-5751
Email: insure@siaonline.com
Text: 951-482-8144
Web chat: www.siaonline.com

PS Please stay safe, well and healthy

 

 

 

 

 

 

Urgent Update for Small Businesses or Self Employed affected by Coronavirus – April 2, 2020

 

From our families to you and yours, our hope is that you are safe, well and healthy. Our positive thoughts and prayers go out to all those affected in any way.

As of April 2,2020, here is the current information to help business apply for Government assistance:

Please do NOT wait to take action or it may be too late.

Overview of the CARES Act for the Small Business Owner  – Great Document

Paycheck Protection Program Application – Also known as PPP

You’ll want to contact your local banking relationship for assistance with the Paycheck Protection Program application submission. If you do not have a banking relationship, please email Mike Stromsoe @ mike@siaonline.com for a referral

Online Application for the Economic Injury Disaster Loan Application – Fully complete online, takes about 10 minutes

If there is anything more we can be doing to help you or anyone you know, please reach out to us @SIATeam

We remain grateful for every opportunity to protect and serve you.

Urgent Update for Small Businesses or Self Employed affected by Coronavirus – March 29, 2020

For the most recent update, please click here.

From our families to you and yours, our hope is that you are safe, well and healthy. Our positive thoughts and prayers go out to all those affected in any way.

If you haven’t seen this information yet, we hope it helps. It’s a great article that answers your questions on the Paycheck Protection Program:

(1)Who is eligible?
(2)For how much and how long?
(3)How is it calculated?
(4)What should you be doing?

Click HERE for the article.

If there is anything more we can be doing to help you or anyone you know, please reach out to us @SIATeam

Stromsoe Cares COVID-19 Update March 26, 2020

Committed to Protecting You and Open to Serve You: Stromsoe Cares COVID-19 Update March 26, 2020

The U.S. Senate passed a $2 trillion Coronavirus stimulus bill designed to provide economic relief to all Americans. The bill is now with the U.S. House of Representatives, and then will go to President Trump for his signature. Officials believe the bill is expected to pass the House and be approved by the White House on Friday.

Included in the bill is the “Keeping American Workers Paid and Employed Act,” which provides $350 billion in loans for small businesses to cover salary, wages, and benefits worth 250% of an employer’s monthly payroll, with a maximum loan of $10 million. Loans will be forgiven for qualifying groups, those who use the loan to keep employees on payroll, pay rent and insurance premiums, and other guidelines in the law. Please tell clients to consult a tax professional for answers to questions.

For a copy of the details before the House, click here.

Businesses with fewer than 500 employees will work with the Small Business Administration (SBA) to get more information and apply for a loan.

Please note: the bill is not yet passed.

COVID-19: Frequently Asked Questions Concerning California State and Local Orders

Your Stromsoe Insurance Agency team members are working remotely to serve and protect you.

Here’s 5 easy ways to reach Stromsoe Insurance anytime:

Phone: 951-600-5751
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com
Payments and claims: https://siaonline.com/payments-claims/

Your understanding that your experience with us may be a little different during this time of uncertainty is greatly appreciated. Although our physical office is closed, our team remains 100% committed to serving you.

Below are resources to help you in these unprecedented times:

Policy Billing:

Below is helpful information to help you navigate keeping your policies in effect through these times:

60 Day Billing Grace Period Notice from Insurance Commissioner

AmTrust Insurance

Hanover Insurance

Hartford Insurance

Kemper Insurance

Liberty Mutual Insurance

Mercury Insurance COVID-19 Update 03-26-2020 and Mercury Insurance Billing

Nationwide Insurance

Progressive Insurance

Safeco Insurance

State Fund Insurance

Travelers Insurance

Business Insurance Resources:

Family First Coronavirus Response Act (FFCRA) – Employee Rights Poster

Webinar about HR, Business and Covid-19

Business Interruption and Delivery Insurance

If you are in need of HR services, please contact us about our proprietary HR program (ThinkHR.com). In this time of need, we are offering this program to help and assist you at no cost to you.

If you need any other assistance, or have questions about insurance or any other subject, please reach out to us. We are here to help and support you, your family and your business in any way humanly possible.

Phone: 951-600-5751
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com
Payments and claims: https://siaonline.com/payments-claims/

We appreciate this and every opportunity to serve you!

With Gratitude,

Mike Stromsoe and Your Stromsoe Insurance Total Protection Team

Stromsoe Cares COVID-19 Update March 24, 2020

Committed to Protecting You and Open to Serve You: Stromsoe Cares COVID-19 Update March 24, 2020

For the latest update, please see Stromsoe Cares COVID-19 Update March 26, 2020.

Your Stromsoe Insurance Agency team members are working remotely to serve and protect you.

Here’s 5 easy ways to reach us anytime:

Phone: 951-600-5751
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com
Payments and claims: https://siaonline.com/payments-claims/

Your understanding that your experience with us may be a little different during this time of uncertainty is greatly appreciated. Although our physical office is closed, our team remains 100% committed to serving you.

Below are resources to help you in these unprecedented times:

Policy Billing:

Below is helpful information to help you navigate keeping your policies in effect through these times:

60 Day Billing Grace Period Notice from Insurance Commissioner

AmTrust Insurance

Hanover Insurance

Hartford Insurance

Kemper Insurance

Liberty Mutual Insurance

Mercury Insurance

Nationwide Insurance

Progressive Insurance

Safeco Insurance

State Fund Insurance

Travelers Insurance

Business Insurance Resources:

Webinar about HR, Business and Covid-19

Business Interruption and Delivery Insurance

If you are in need of HR services, please contact us about our proprietary HR program (ThinkHR.com). In this time of need, we are offering this program to help and assist you at no cost to you.

If you need any other assistance, or have questions about insurance or any other subject, please reach out to us. We are here to help and support you, your family and your business in any way humanly possible.

Phone: 951-600-5751
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com
Payments and claims: https://siaonline.com/payments-claims/

We appreciate this and every opportunity to serve you!

With Gratitude,

Mike Stromsoe and Your Stromsoe Insurance Total Protection Team

End Valentine’s Day With a New Ring? Then You Need To Read This

Insuring your engagement ring can help to keep is protected.

Your engagement ring is much more than just a ring. It signifies the love between you and that special someone. While insurance may not be very romantic, it is the best way to give you the peace of mind that you deserve as you start the new chapter of your life.

You have a couple choices when it comes to insuring your engagement ring. The first option is to schedule your ring within your renter’s or homeowners insurance policy. When you schedule your ring, you will get additional coverage that goes beyond the personal property portion of your policy. You will have to prove the value of your ring with either a receipt or an appraisal to ensure it is protected for the right amount.

The second option is to invest in a specific jewelry insurance policy. Jewelry insurance is only available through certain insurance companies, so talk with your insurance agent to find out if your current insurance company offers the coverage. Just like when you schedule your ring, you will need to provide proof of the value through a receipt or appraisal.

The cost of your engagement ring will depend on many factors, including the value of your ring and how much coverage you want. In most cases, engagement ring insurance will cost $1 or $2 for every $100 in replacement coverage that you want. That means if your engagement ring is worth $9,000, you would be paying between $90 and $180 for your coverage.

Working with an independent insurance agent can help you get the right amount of coverage for your symbol of love. For all of your insurance coverage needs, contact the experts at Stromsoe Insurance Agency. We will work closely with you to make sure you have the protection that you deserve, all at the right price to fit your budget.

The Best Agent For The Job

Three Ways An Independent Insurance Agent Can Serve You

Let’s face it- some agents are just better than others. A secret agent is better than an IRS agent (no offense). A cleaning agent is better than an infectious agent. In the same way, an independent insurance agent is better than a captive insurance agent. Here are a few reasons to consider working with an independent agent to get your coverage.

  • Advocacy: You are not an insurance expert, so you should not have to go toe-to-toe with major insurance providers when you have an issue with your claim. Fortunately, with an independent agent you will not have to. Your agent can advocate for you, ensuring you never overpay for your coverage. Furthermore, he or she can help you file your claim in the first place to avoid snafus down the road.
  • Options: Unlike a captive agency that can only offer you plans from one insurance provider, an independent agent can show you policies from every provider with whom he or she works. This makes it easier for you to find the right policy to meet your specific needs, ensuring you do not overpay for coverage you will not use or get left facing a gap in coverage.
  • Savings: Similarly, because your agent can show you plans from multiple providers, you can compare prices for comparable coverage. This means that you can shop quotes without having to do the hard work of collecting those quotes, which will mean more money in your wallet for less effort.

You deserve to have an independent insurance agent secure you the fullest coverage at the most competitive price. Contact Stromsoe Insurance Agency for all of your California insurance needs. We are here to ensure you have a friend in the insurance industry.